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Originally Posted by Juiced06GTO
Is it me or does it seem like double the tax assessed value or something around there has been the norm for listing prices? I wonder if appraisals aren't coming back high enough to fund the loans people are looking to take?
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The assessed value of our particular property does not include the value of the private boat slip or jet ski location. That makes a huge difference! The benefit is that your taxes do not reflect that extra 200K+ in value.
An assessment would most likely be on the unit itself as the dock is owned by the association. Most of these places are cash deals.